Buddies production TV company boss and former WBS TV presenter Junior Dave Kazoora has been convicted in a Rwandan court for using fraudulent means to change the name of his company to another company without consulting his shareholders.
According to The New Times, the Rwandan national newspaper, Kazoora was convicted by the Nyarugunga Primary Court in absentia though his lawyers protested the charges and appealed against the ruling in another court.
The paper stated that he will have to serve a year in jail and pay damages amounting to Rwf15 million about (64million Ugandan shillings) after losing an appeal against a lower court decision.
In 2014, the prosecution dragged the Ugandan TV socialite to court, accusing him of deviating an advertising tender from Buddies Production (R) Ltd, in which he was a 50 per cent shareholder, to a new company he named ‘Buddies TV Ltd.’
By so doing, Kazoora undercut his partner and co-shareholder Nina Kagenza, by creating a parallel company, apparently bearing the same features, ‘Buddies TV Ltd’ and duped a client to award a tender to the new company, thereby fleecing his partner of dividends, according to prosecution.
The deal was about a second promotional campaign by Airtel (Birahebuje II), whose value was estimated at around Rwf76 million which was mistakenly handed to ‘Buddies TV Ltd’ instead of Buddies Production (R) Ltd that had produced the first campaign.
The other shareholders were represented by local events promoter Davis Kagenza, who had been the managing director of Buddies Productions (R) Ltd.
The spokesperson of the courts Emmanuel Itamwa said local bailiffs would have to work with the convict’s country of residence to get him arrested.